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    Business Dangote Acquires Major Shares in African Export-Import Bank

    The Dangote Group, Africa’s leading indigenous conglomerate, has become the latest corporate organisation to join the African Export-Import Bank as a shareholder. According to information released by Afreximbank, Dangote Group completed the process of acquiring equity in the bank on May 30 this...
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    Business Oil Price Slides, Strong Dollar Drags Asian Shares Lower

    Oil prices slide while a stronger dollar piled on pressure on commodity producers as Asian shares dropped on Thursday, with energy stocks taking a hammering from the results, Bloomberg reports. Equity markets across the region ended lower and European bourses dropped in early trading after US...
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    World Twitter Troubles: Shares Drop Again Due To Lack Of User Growth

    Twitter troubles continued when the company reported earnings that beat analyst expectations but failed to allay investor concerns about the company's user growth prospects. The San Francisco-based company reported a net loss of $90m (£62m) for the last three months of 2015 versus a loss of...
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    Business Unilever Share Records New High, Gains 27.19% In 32 Days

    The UNILEVER equity on Tuesday maintained moderate patronage from both shareholders and investors to close among top market performers with a modest gain of 4.10%. The stock broke its key resistance level at N45.50 kobo to hit new high 2015 at N45.80 kobo, defying bearish market sentiments to...
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